July 3, 2015, 2:09 pm
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1 Philippine Peso = 0.08156 UAE Dirham
1 Philippine Peso = 2.79593 Albanian Lek
1 Philippine Peso = 0.03975 Neth Antilles Guilder
1 Philippine Peso = 0.20197 Argentine Peso
1 Philippine Peso = 0.02879 Australian Dollar
1 Philippine Peso = 0.03975 Aruba Florin
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1 Philippine Peso = 0.0222 Bermuda Dollar
1 Philippine Peso = 0.02991 Brunei Dollar
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1 Philippine Peso = 0.06907 Brazilian Real
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1 Philippine Peso = 1.41401 Bhutan Ngultrum
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1 Philippine Peso = 2.1994 Algerian Dinar
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1 Philippine Peso = 0.01993 Euro
1 Philippine Peso = 0.04652 Fiji Dollar
1 Philippine Peso = 0.01417 Falkland Islands Pound
1 Philippine Peso = 0.01414 British Pound
1 Philippine Peso = 0.09682 Ghanaian Cedi
1 Philippine Peso = 0.87488 Gambian Dalasi
1 Philippine Peso = 168.8298 Guinea Franc
1 Philippine Peso = 0.16935 Guatemala Quetzal
1 Philippine Peso = 4.60109 Guyana Dollar
1 Philippine Peso = 0.17214 Hong Kong Dollar
1 Philippine Peso = 0.4864 Honduras Lempira
1 Philippine Peso = 0.15131 Croatian Kuna
1 Philippine Peso = 1.13698 Haiti Gourde
1 Philippine Peso = 6.28167 Hungarian Forint
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1 Philippine Peso = 1.41381 Indian Rupee
1 Philippine Peso = 26.4572 Iraqi Dinar
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1 Philippine Peso = 2.59055 Jamaican Dollar
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1 Philippine Peso = 1.37846 Kyrgyzstan Som
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1 Philippine Peso = 19.98446 North Korean Won
1 Philippine Peso = 24.85067 Korean Won
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1 Philippine Peso = 4.13501 Kazakhstan Tenge
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1 Philippine Peso = 0.01378 Latvian Lat
1 Philippine Peso = 0.03049 Libyan Dinar
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1 Philippine Peso = 0.42095 Moldovan Leu
1 Philippine Peso = 1.23038 Macedonian Denar
1 Philippine Peso = 24.82514 Myanmar Kyat
1 Philippine Peso = 43.33296 Mongolian Tugrik
1 Philippine Peso = 0.1773 Macau Pataca
1 Philippine Peso = 7.26102 Mauritania Ougulya
1 Philippine Peso = 0.77606 Mauritius Rupee
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1 Philippine Peso = 0.34955 Mexican Peso
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1 Philippine Peso = 0.26996 Namibian Dollar
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1 Philippine Peso = 0.60516 Nicaragua Cordoba
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1 Philippine Peso = 2.26242 Nepalese Rupee
1 Philippine Peso = 0.03273 New Zealand Dollar
1 Philippine Peso = 0.00855 Omani Rial
1 Philippine Peso = 0.0222 Panama Balboa
1 Philippine Peso = 0.0706 Peruvian Nuevo Sol
1 Philippine Peso = 0.06078 Papua New Guinea Kina
1 Philippine Peso = 1 Philippine Peso
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1 Philippine Peso = 0.08356 Polish Zloty
1 Philippine Peso = 115.11047 Paraguayan Guarani
1 Philippine Peso = 0.08095 Qatar Rial
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1 Philippine Peso = 16.05418 Rwanda Franc
1 Philippine Peso = 0.08328 Saudi Arabian Riyal
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1 Philippine Peso = 0.30063 Seychelles Rupee
1 Philippine Peso = 0.13267 Sudanese Pound
1 Philippine Peso = 0.18423 Swedish Krona
1 Philippine Peso = 0.02988 Singapore Dollar
1 Philippine Peso = 0.01412 St Helena Pound
1 Philippine Peso = 0.49308 Slovak Koruna
1 Philippine Peso = 94.59309 Sierra Leone Leone
1 Philippine Peso = 15.35361 Somali Shilling
1 Philippine Peso = 488.58665 Sao Tome Dobra
1 Philippine Peso = 0.19407 El Salvador Colon
1 Philippine Peso = 4.19278 Syrian Pound
1 Philippine Peso = 0.26996 Swaziland Lilageni
1 Philippine Peso = 0.75008 Thai Baht
1 Philippine Peso = 0.0433 Tunisian Dinar
1 Philippine Peso = 0.04611 Tonga Pa'ang
1 Philippine Peso = 0.05949 Turkish Lira
1 Philippine Peso = 0.14106 Trinidad Tobago Dollar
1 Philippine Peso = 0.68596 Taiwan Dollar
1 Philippine Peso = 44.49095 Tanzanian Shilling
1 Philippine Peso = 0.46653 Ukraine Hryvnia
1 Philippine Peso = 73.34296 Ugandan Shilling
1 Philippine Peso = 0.0222 United States Dollar
1 Philippine Peso = 0.60109 Uruguayan New Peso
1 Philippine Peso = 56.74698 Uzbekistan Sum
1 Philippine Peso = 0.141 Venezuelan Bolivar
1 Philippine Peso = 484.94504 Vietnam Dong
1 Philippine Peso = 2.41434 Vanuatu Vatu
1 Philippine Peso = 0.05662 Samoa Tala
1 Philippine Peso = 13.08199 CFA Franc (BEAC)
1 Philippine Peso = 0.05995 East Caribbean Dollar
1 Philippine Peso = 13.08199 CFA Franc (BCEAO)
1 Philippine Peso = 2.37988 Pacific Franc
1 Philippine Peso = 4.77162 Yemen Riyal
1 Philippine Peso = 0.27013 South African Rand
1 Philippine Peso = 115.2326 Zambian Kwacha
1 Philippine Peso = 8.03597 Zimbabwe dollar

US okays deal making biggest miller bigger

WASHINGTON - ConAgra Foods Inc, Cargill Inc and CHS Inc won U.S. antitrust approval on Tuesday to merge their North American flour mill operations after agreeing to sell four mills to a Japanese company.
 
The companies had announced in March 2013 that ConAgra Foods Inc would join Horizon Milling, a joint venture of Cargill Inc. and CHS Inc that is the largest flour miller in America. CHS is owned by farmers and cooperatives. The combined company will be called Ardent Mills.
 
Horizon Milling is already the largest U.S. flour miller, Archer Daniels Midland is the second-largest and ConAgra is No. 3.
 
To secure Justice Department approval, the grain and food-handling companies agreed to sell four mills to Miller Milling Co, a U.S.-based unit of Tokyo-based Nisshin Flour Milling Inc, which is a subsidiary of Nisshin Seifun Group Inc.
 
The mills to be sold are Horizon’s facility in Los Angeles and ConAgra’s facilities in Oakland, California; Saginaw, Texas; and New Prague, Minnesota.
 
“Without the Antitrust Division’s required divestitures, the creation of Ardent Mills would have resulted in less competition in the sale of wheat flour, resulting in customers, such as industrial bakers and food service companies, paying higher prices for wheat flour,” said Renata Hesse, a deputy assistant attorney general at the Antitrust Division.
 
The three companies are pleased with the approval, and the new entity will begin operations around the end of May, the companies said in a joint release. Under agreement with the Justice Department, this cannot be done until the four mills are sold.
 
“We strongly believe in the merits of this transaction and the benefits it will bring to customers, consumers, wheat suppliers, shareholders and employees,” said Paul Maass, president of Private Brands and Commercial Foods for ConAgra Foods.
 
Patrick Woodall of Food and Water Watch, which has asked for the deal to be blocked, said the required asset sale was inadequate since Ardent would have five of seven mills in the northeastern United States, between Boston and northern Pennsylvania.
 
And even with the divestiture of a Minnesota mill, Ardent will still have half of the flour mills in the St. Paul-Minneapolis area, he said.
 
Horizon, which is owned by Cargill and CHS, has 20 mills that can produce about 27 million pounds of flour a day while ConAgra’s 21 mills can produce 23 million pounds of flour, the Justice Department said in a court filing.
 
In afternoon U.S. trading, Conagra shares were down 0.4 percent and CHS shares were down 0.2 percent. 
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Ombudsman Morales gives substance to public official’s accountability

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‘But then, it’s good that Purisima pushed his luck too far. The damage to the Filipino people was lessened by a few million pesos.’

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‘Regulators refused to find out capacity utilization compared to volume declared to the BIR.’